Meetings of Creditors

IRONGRAY REALISATIONS LTD

(formerly Shortridge Ltd)

(In Receivership)

Notice is hereby given, pursuant to section 67(2) of the Insolvency Act 1986, that a Meeting of the unsecured Creditors of the above-named Company will be held at 2 Blythswood Square, Glasgow G2 4AD, on 25 February 2005, at 10.00 am, for the purposes of having laid before it a copy of the report prepared by the Joint Receiver in accordance with the said section and, if thought fit, appointing a Creditors’ Committee.

Creditors whose claims are wholly secured are not entitled to attend or vote at the Meeting. Creditors who are partly secured may only vote in respect of the balance of the amount due to them after deducting the value of the security, as estimated by them.

For the purposes of voting a statement of claim together with a form of proxy must be lodged with me at or before the Meeting.

Notice is hereby given, pursuant to section 67(2)(b) of the Insolvency Act 1986, that any unsecured Creditor wishing to obtain a copy of the report prepared by the Joint Receiver, free of charge, should write to the under noted address.

K R Craig, Joint Receiver

Tenon Recovery, 2 Blythswood Square, Glasgow G2 4AD.